Alright, let’s cut the crap – we all want numbers, bare numbers. Starting off with the Big Two – Hero Motocorp and Honda, the two still lead the rest by an enormous margin. Hero Motocorp is still number one, by some margin but not too big. Honda is breathing close on its shoulders with much healthier growth, and unless Hero pulls a rabbit out of its bag soon enough, it won’t be long before the Japanese maker leap frogs the Indian brand. To keep things crisp and relevant, we will talk only about the domestic sales of all bikemakers, leaving out the exports.
Hero MotoCorp sold 661,490 units of two-wheelers in August 2017 in the domestic market, registering a growth of 10% over the corresponding month last year. This is the highest ever sales number recorded by Hero in the domestic market in a single month.
Honda 2Wheelers isn’t too far behind though. The company recorded a domestic sales number of 5,86,173 units in August, though it’s growth rate was two and a half times that of Hero Motocorp, at 26%. For Honda, too, this was the highest ever sales number ever for a month, recording the highest ever sales individually for scooters as well as motorcycles.
In the third spot is the TVS Motor Company, which also showed robust growth and solid numbers. Domestic two-wheeler sales for the company grew by 13.2% with sales of 270,544 units in August 2017. Scooter sales stood at 114,354 units with 111,927 units attributed to motorcycles in August 2017 as against 114,195 units in August 2016.
Bajaj Auto, which stood fourth, doesn’t seem to be doing too well in the domestic two-wheeler market. The company sold a total of 1,71,664 units in the domestic market, which is a de-growth of 2 percent over the corresponding period last year.
Yamaha Motor India claims that it registered a growth of 4% in domestic sales, though for some mysterious reason the company includes the Nepal sales in its ‘domestic’ numbers. Domestic sales for the company stood at 77,887 units.
Royal Enfield sold a total of 66,872 units in the domestic market for August 2017. This amounts roughly to a growth of more than 20 over the previous year, which is very healthy.
So growth and celebrations everywhere, though looking at those numbers, Hero, Honda and TVS seems to be the three clear winners, posting not just great numbers but good growth as well. Which side are you on? Share your thoughts!